Latest news with #JellisCraig
News.com.au
7 days ago
- Business
- News.com.au
Young tradies pays $80k over reserve for first home in Belmont
A young tradie has scored his first home at a hotly contest Belmont auction that landed $80,000 above reserve. Targeting a smaller two-bedroom townhouse as an entry point to a sought-after riverside precinct proved a winning strategy for the Ocean Grove buyer. He was one of four bidders to raise a hand for 10 Victoria Tce, Belmont, which sold under the hammer for $710,000. 'Strong turnaround' for Geelong housing market Highton home's bar channels pub vibe Jellis Craig Geelong agent Ross Bywater said given the modest size of the 368sq m property, the reserve had been set at $630,000. But buyers saw greater value in the well-presented residence that felt more like a 'little house than a unit'. 'Four bid on the day but we had a couple that didn't even get a chance,' Mr Bywater said. 'For that property it was a mixture of first-home buyers and downsizers. They had done a lovely renovation so it had new carpet, new paint and the kitchen and bathroom had been done at some stage. 'It was just a combination of the layout of the property, the fact it was on its own title and the closeness to the river.' The brick townhouse is just the second property to trade in tightly held Victoria Tce since 2023. A spacious lounge and adjoining kitchen/dining area, both flowing out to a rear deck overlooking a north-facing back yard, are highlights of the home. It also features a walk-in wardrobe and updated two-way bathroom off the main bedroom and single garage with backyard access. 'It was lovely for the owners because it was their first home and they have loved it and to see it go to another young person was a happy event,' Mr Bywater said.
News.com.au
24-06-2025
- Business
- News.com.au
Riverside renovator sells $140k over price hopes in Highton
A bidding quartet confirmed Highton's riverside pocket remains hot property with an original two-level home selling $140,000 above price hopes. The mid century cream brick house at 32 Cara Rd, Highton, was snapped up for $890,000 at Saturday's auction after four bidders emerged to secure the property. Jellis Craig Geelong agent Marcus Falconer said the 876sq m property attracted strong interest during the campaign, with plenty of potential buyers mulling the opportunity from north of the border. The property had been listed with $750,000 price hopes. 'There was great interest from Queensland and New South Wales,' Mr Falconer said. 'I think a few were looking from an investment perspective.' Mr Falconer reported the full gamut of interested parties in the property, with people also looking to renovate or knockdown and rebuild. Ultimately, the neighbourhood's residential appeal won out. 'The buyers want to renovate it as a family home,' he said. 'The underbidder wanted to a knockdown rebuild, who would be land banking for the short term. Others wanted to occupy.' As a renovation project, the house has plenty to work with, from decorative cornices offering an glimpse of Art Deco style. The house has hardwood floorboards, sash windows, including large picture windows in the main living room looking through the trees and across the river valley. There are five bedrooms and two bathrooms and an updated kitchen and dining room split across two levels. But the position is the key element that had potential buyers drooling over this property, about 200m from Barwon River parkland at the end of the street. The property is also near Highton Village shops and in the Belmont High School zone.
News.com.au
24-06-2025
- Business
- News.com.au
Melbourne mansion with three homes and wedding set up
This estate looks like a country retreat, but it's hiding three homes, a city view and a surprise upstairs chalet. Set across 7.7ha in Hurstbridge, 110 Heather Ave, is a rare multigenerational haven with skyline views, three fully self-contained living zones, and a renovated interior that blends rustic warmth with modern ease. Now for sale with $2.1m-$2.3m price hopes, the 11-bedroom, five-bathroom property is already drawing big crowds and even bigger reactions, thanks to its breathtaking hilltop setting, poolside entertaining zone and floorplan designed for blended or extended families. Jellis Craig Eltham sales consultant Rex Calvitto. said the home is tailor-made for big or blended households who don't want to compromise on privacy, or on location, 'You've got that seamless family set up with completely independent living zones, and when people arrive, they walk out onto the deck and just stop. That view makes people pause. It really is something else,' Mr Calvitto said. The view stretches from the Kinglake Ranges on one side to Melbourne's CBD on the other, offering an unexpectedly dramatic outlook for a property just an hour from the city. And that's just one of the estate's headline features. The main residence includes eight bedrooms and four bathrooms across two spacious levels, with multiple living areas including a rumpus room, fireside lounge, meals zone and a flexible upstairs retreat. Soaring cathedral ceilings and rich timber textures add warmth, while modern updates, including a brand-new stone kitchen with make it ready for 2025 living. Mr Calvitto said that balance of rustic character and modern comfort is resonating with buyers. 'The vendors have kept the warmth of the home but updated it for today's lifestyle, it's move-in ready, but still feels like a country homestead,' he said. Connected to the main home is a self-contained one-bedroom apartment, ideal for a teenager or live-in guests, while a fully separate two-bedroom flat on the property offers added flexibility for relatives, long-term visitors or even potential bed and breakfast use. And when it comes to entertaining, the layout delivers. From the elevated wraparound deck — which greets visitors upon arrival — you can see the alfresco area, lawn and pool, all while still connected to the home's heart. 'The indoor-outdoor flow is seamless,' Mr Calvitto said. 'You can be prepping dinner inside while watching the kids in the pool. In summer, it's set up perfectly for barbecues, long lunches, and relaxed entertaining, every space talks to each other.' The estate also includes two large sheds (one with a gym and office), established gardens, auto gates, and ample water storage. But the Jellis Craig Eltham agent it's the rarity of the land and the skyline that's truly making waves. 'Properties like this almost never hit the market. The response has been huge,' Mr Calvitto said. 'We've had strong enquiry, great traction on the video campaign, and high engagement online. It's not just another lifestyle listing, it's one that stops people scrolling.' Even the upstairs master suite, with its pitched ceilings and treetop views, has been catching buyers off guard. 'There's something chalet-like about it,' he said. 'It's private, peaceful, and the kind of space you don't expect until you're standing in it.' So far, interest has ranged from young families looking for future-proof room to grow, to tree-changers, business owners, and downsizers with adult children or elderly parents.
Daily Mail
22-06-2025
- Business
- Daily Mail
Melbourne cottage dubbed the 'worst house on the best street' undergoes spectacular makeover - adding millions of dollars in value: 'It sold in just 11 days'
Melbourne 's inner-city suburb of Northcote has had its very own Cinderella story property glow-up, leaving both buyers and locals stunned. The unassuming weatherboard cottage, once dubbed 'the worst house on the best street', has just sold for $3.6million after an extraordinary architectural makeover. The original, humble two-bedroom home in Northcote was purchased over a decade ago for just $935,000, on a block of land that was far from charming. However, after an ambitious knockdown and rebuild, it's now one of the inner north's most enviable residences - and for good reason. The Melbourne couple who lived in the property from 2013 until 2023 decided to roll the dice and go big, demolishing the tired, outdated home and replacing it completely. 'I sold it to them in 2013 when it was just a little bungalow,' said Sam Rigopoulos, Director and Auctioneer at Jellis Craig Northcote in Victoria. 'That's until they knocked it over and built this new house a couple of years ago. 'It was their plan to do that,' he added. 'They really enjoyed the process and are keen to do it again.' Unsurprisingly, the home was snapped up in June - just 11 days after hitting the market. With an already impressive price guide of $3.3–$3.5million, the recent sale fetched $100,000 over that, thanks to fierce competition from eager buyers. 'They did well,' Rigopoulos said. 'The land on its own had its own growth journey, and then they improved the capital on the block as well.' 'The entry-level on the land would be about $1.8million now to buy that block again.' The couple engaged Hartman Construction to bring their vision to life, and the result is a designer dream home oozing style, craftsmanship and inner-city luxury. On a 400 sqm block, the two-storey property now boasts exposed brickwork, polished concrete floors, and a chef-worthy kitchen with premium NEFF appliances - including an integrated Liebherr fridge/freezer and Blanco double sink. It also features an entertainer's haven outside, complete with a built-in BBQ, wood-fired pizza oven and sparkling lap pool. Inside, the home includes a dedicated office, an upstairs retreat with private balcony, a kitchen and diner with large wine fridge, and even a two-level double garage with rear lane access and space for a home gym or workshop. Despite the hefty price tag, Rigopoulos said the new owners - a local family who had been house hunting for 18 months - were thrilled to finally secure their dream home after missing out on two other properties. 'It's a really good pocket, very well positioned… right in the thick of everything,' he added. While the exact renovation costs remain under wraps, the rise in land value alone proves that timing and great vision really are everything. The original home's modest exterior once blended in quietly with the rest of the street, but it's now a true architectural showpiece, drawing admiration from passersby and online viewers alike. 'This one really stands apart because of that nice brick foundation, and then the architecturally striking box on the top that has this really nice white timber screening,' Rigopoulos said. He also mentioned that the uniqueness of this design sets it apart from other 'all-white' builds that follow a rather mundane formula that 'everyone's getting a bit sick of'. 'They're all quite stark, and there's almost too many of them in the market now - they're getting a little bit long in the tooth.' In contrast, this home 'looks distinctly different' thanks to its beautiful landscaping, timber aspects and exposed warm bricks. Every bathroom and bedroom in the home embraces a timeless neutral aesthetic, creating a sense of calm, cohesion and understated luxury throughout - especially with the matching wood panelling Photos of the before and after are hard to believe, with the previous bungalow's outdated kitchen, design and furniture. From ugly duckling to a multi-million-dollar masterpiece, the transformation is certainly impressive. 'I really like the upstairs section as it kind of zig-zags when you're looking at the property from the outside,' Rigopoulos said. 'I think that part is quite striking - whether you're looking at it from the front of the house, the pool or the back - it makes it feel really well considered and quite different.' Every bathroom and bedroom in the home embraces a timeless neutral aesthetic, creating a sense of calm, cohesion and understated luxury throughout - especially with the matching wood panelling. Soft earthy tones, layered textures and elegant wooden finishes elevate each space, showcasing an interior style that's both contemporary and refined. The bathrooms are now fully tiled with sleek stone surfaces, floating vanities and brushed tapware that reflect the home's architectural finesse. Meanwhile, the bedrooms have been styled with a designer's eye: plush grey carpets, subtle lighting, integrated study nooks, built-in robes, and flat-screen televisions flush against the wall. The home that was once named 'the worst' is now a benchmark for luxury living in Northcote - and a dream come true for its proud new owners. In a market where cookie-cutter homes are losing their shine, this bespoke build has not only turned heads but set a new standard for what's possible when you think outside the box.
News.com.au
21-06-2025
- Business
- News.com.au
Collingwood: ‘The Lamington' pad's red hot auction result
An ultra-cool Collingwood apartment known as the Lamington has smashed expectations after selling for more than $1m on Saturday. The two-bedroom home at 3F/68 Oxford St with red tiles, metals and glass throughout was advertised with a $900,000-$950,000 asking range. Short-listed for an Australian Institute of Architects' interiors award, the warehouse conversion is located within a factory complex that formerly belonged to one of Australia's first department store chains, Foy & Gibson. The apartment's owner commissioned architectural practice Rexroth Mannasmann Collective to transform its shell into an eclectic abode with a wall of tall windows, 3.6m-high steel-trussed ceilings and polished hardwood floorboards. A horizontal red line features on many of the walls including in the open-plan living and dining area is much like a strip of jam inside a lamington – contributing to the apartment's unofficial name. There's also a central pod within the home containing a laundry and bathroom. One of the pod's walls has a flip-top desk and foldaway bed. The residence has been featured in both Vogue Living and the Architectural Review magazines. Jellis Craig inner north partner Simon Shrimpton said a $900,000 bid started the auction as three bidders competed for the 'very cool' apartment. It was placed on the market at $950,000 and ended up fetching $1.025m. 'The apartment sold a young couple from Fitzroy and the underbidders were a couple downsizing from the eastern suburbs,' Mr Shrimpton said. 'The couple who bought were very excited, they were the first to inquire and the first ones through the door at the first open for inspection,' Mr Shrimpton said. 'They were absolutely in love with the place and all the design aspects and nuances it has.' Mr Shrimpton said that for inner Melbourne apartments, well-designed homes with stylish flair tended to attract a lot of interest. 'Bespoke, architecturally-designed apartments are few and far between and when they are offered to the market, buyers will always line up to compete for them,' he added. Also on Saturday, a double-fronted, Victorian-era house at 1 Peel St, Newport, sold for $1.21m. The three-bedroom house, in need of some work including replastering, had a $1.05m reserve. The Agency property partners Leigh Melbourne and Noah Lautman-Wurt had the listing. Mr Melbourne said that a young couple from the western suburbs purchased the property, out of three bidders. 'The bidding was fast and furious,' Mr Melbourne said. He noted that homes at Peel St's bottom end, near The Strand in Williamstown, did not often come up for sale. 'In my 25 years covering the area, it's the second property I have sold down here,' he said. Mr Lautman-Wurt said the auction started with a $1m bid, with a buyer's advocate and family among the underbidders.
